FINANCIAL AND COMMERCIAL.

Gisborne Times, Volume XLIX, Issue 4814, 11 March 1918, Page 5

FINANCIAL AND COMMERCIAL.

BANK OF ENGLAND RETURNS. United Press Association—Copyright. Australian and N.Z. Cable Association (Received March 10. 5.5 p.m.) LONDON. March S. The Bank of England returns show the stock of golfff coin and bullion to be £59,075,000; reserve, £30,944,00' i: proportion of reserve to liabilities. 17.31 per cent. The notes in circulation total £47,591,000; public deposits. £41,0222.000; other deposits. £137.715.000; Government securities. £67.737,000; other securities, £95.191,000. MONEY MARKET. Short loans are discounted at 3? per cent., and three months’ bills at 3 9-16 per cent. CONSOLS AND COLONIAL STOCKS. Consols ai'e quoted at £54; N.S. Wales 4's £B2 10s and £99 7s 6d; N.S. Wales Si’s £7O; N.S. Wales 3’s £7O 15s; Victorian 4’s £96 17s 6d and £B6 7s 6d; Victorian 66: Victorian 3’s £62 7s 6d; Queensland 4’s £9l; Queensland 3fs £B9; Queensland 3’s £62 2s 6d; *.Z. 4s £B6 7s 6d"; N.Z. 3Vs £72 17s -6d; N.Z. 3 ! s. £62 2s 6d; S. Australian 3Vs, £72 15s; S. Australian 3s, £56 15s; Tasmanian 3i’s, £7l 7s 6cl; Tasmanian 3’s, £65. Other stocks are unchanged since last week. SHARE MARKET. Waihi Grand Junction, buyers 16s 6(1. sellers 17s 6d. The Bank of Australasia has declared a dividend of 14 per cent, anj a bonus of 12s 6d per share, V , - equivalent to 17 per cent. . • METAL MARKETS. Australian and N.Z. Cable As^^iation (Received Alarch 10. 5.5 .p.m.) LONDON, Alarch 8. Copper—Spot, £llO ss; three months, £llO 15s; electrolytic, £l2o. Lead—Spot £29 10s; three months £2B 10s. Spelter—Soot, £54 ; three months, £SO. Tin—‘Spot, £319; three months, £316. Stocks, 20.007 tons; spot, 2703 tons; afloat, 3370 tons; deliveries, 1595 tons. Silver—Bar silver, 42Jd fper oz. standard. LONDON MARKETS. Australian and N.Z. Cable Association (Received Alarch 10, 5.5 p-m.) LONDON. Alarch 9. A large “number of American and New Zealand butter cargoes have arrived and distribution of the trade s applications commence on Friday. There is no business in wheat, The Commission has released -sma quantities of overseas flour. Later rates for Home-milled are freely o ering. • , y Oats, beans and peas are m stron CT demand at full rates. Sugar is unchanged. ,